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Month: December 2024

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  • Market volatility rocks Pudgy Penguins’ $1.5B PENGU airdrop on Solana

Market volatility rocks Pudgy Penguins’ $1.5B PENGU airdrop on Solana

Pudgy Penguins’ PENGU token has seen wild price swings airdrop launch. PENGU trading volume hit $90M in hours, with traders making millions and others losing. Major exchanges list PENGU as…

Wormhole and Nuffle Labs partner to revamp multichain restaking

Wormhole and restaking provider Nuffle Labs have partnered to bring multichain restaking to users on any chain. Nuffle Labs announced the integration on Dec. 17. Interoperability platform Wormhole and restaking…

CyberKongz receives “concerning rhetoric” in Wells notice from the SEC

CyberKongz said it has been “suffering in silence for the last two years” since being contacted by the US SEC The SEC has an issue with the “sale” of its…

Vana mainnet goes live, VANA token faces market volatility as iDEGEN soars above $5.8M

The Vana mainnet empowers users to own, monetize, and govern their personal data. iDEGEN is currently conducting a presale with a dynamic pricing model. VANA token faces market volatility as…

Exodus to List on the NYSE American

Crypto wallet maker, Exodus Movement, will soon begin trading on the NYSE American, a sibling exchange to the New York Stock Exchange. The SEC approved the application after initially denying…

Bitcoin holds above $107 despite $172m Mt. Gox BTC transfer

Mt. Gox moved over $172 million in BTC to new wallet addresses. The price of Bitcoin held strong despite bankrupt crypto exchange’s wallet activity. Bankrupt crypto exchange Mt.Gox has notably…

Bitpanda becomes first European firm to secure Dubai VARA in-principle approval

Bitpanda has secured in-principle approval from Dubai VARA. Dubai is emerging as a global crypto hub with a supportive regulatory environment. Bitpanda plans to establish a regional headquarters in Dubai…

Lido Finance to discontinue its products on Polygon starting Dec. 16

Lido Finance will end Polygon staking operations starting December 16, 2024. Users must unstake MATIC before June 16, 2025, to avoid using explorer tools. The decision is due to low…

Ripple to launch RLUSD stablecoin on December 17

Ripple has announced the stablecoin RLUSD will go live on exchanges on December 17, 2024. The launch comes a few days after the company revealed it received regulatory approval. Ripple’s…

FTX to begin customer repayments in early 2025

FTX will begin customer distributions in January in January 2025. The exchange collapsed in November 2022, with major repurcussions for the greater industry. FTX debtors will commence customer distribution in…